
Stubbornly weak core inflation likely to keep ECB on hold at October policy meet
Oct 17, 2016 11:44 am UTC| Technicals
The European Central Bank (ECB) rate decision looms next Thursday, 20th September and analysts expect the central bank to keep policy unchanged and wait until December to unveil a possible extension and tweaks to its...

FxWirePro:USD/CAD forms bullish Gartley pattern, good to buy on dips
Oct 17, 2016 11:36 am UTC| Technicals
Pattern Formed Bullish Gartley Pattern. Potential Reversal Zone (PRZ) -1.3100. The pair declined drastically previous week after making a temporary top around 1.33069.It is currently trading around...

FxWirePro: EUR/USD trades weak, good to sell on rallies
Oct 17, 2016 10:10 am UTC| Technicals
Major resistance -1.10670 (7- day EMA). Major support 1.09900 (trend line joining 1.108217 and 1.09115). The pair breaks major trend line support 1.09850 and declined till 1.09638 at the time of...

Oct 17, 2016 09:58 am UTC| Technicals
The declines of this pair have consistently been remained below SMAson weekly terms, expect more slumps as no traces of recoveries are observed. After 5 consecutive weeks of price declines, today slight price jumps...

FxWirePro: AUD/NZD rejected at major trendline resistance at 1.0765, slips below 200-DMA, bias lower
Oct 17, 2016 09:03 am UTC| Technicals
AUD/NZD was rejected at major trendline resistance at 1.0765, has slipped below 200-DMA at 1.0712. Downside finds next major support at 1.0640 (23.6% Fib), break below could see further drag. RBA Governor Philip...

FxWirePro: EUR/SEK falls below 9.70 mark, consistent break below targets 9.6570
Oct 17, 2016 08:16 am UTC| Technicals
EUR/SEK is currently trading around 9.6923 levels. It made intraday high at 9.7118 and low at 9.6893 levels. Intraday bias remains neutral for the moment. A daily close above 9.7207 is required to take the...

FxWirePro: FTSE100 forms double to pin weekly chart, good to sell on rallies
Oct 17, 2016 08:03 am UTC| Technicals
Pattern Formed Double Top FTSE100 retreated once again after jumping till 7129 in the previous week. It is currently trading around 6989. In the weekly chart, it has formed a double top around 7130 and any...